DALY: We are in the early stages where AI could deliver exponential productivity gains.

U.S. Trade Representative says it is hard to imagine how the president's objectives would align with industry tariff adjustments.

GSFM investment strategy adviser Stephen Miller said the Reserve Bank of Australia’s June meeting minutes and recent comments from Governor Bullock suggest policy rates may still need to rise. He said this reflects the government’s inability to aid the RBA’s fight against inflation via supportive structural policies. Miller added the RBA faces multiple challenges balancing structural inflation drivers and cyclical vulnerabilities.